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How many years is the property right of Dongsheng Garden in Shuangliu County, Chengdu?
At present, what we usually call housing property rights can be roughly divided into:
1.) residential land, with a property right period of 70 years;
2) Comprehensive land, with a property right period of 50 years;
3.) For commercial land, the term of property right is 40 years.
How long the property right of a specific community is depends on the nature of the land on the state-owned land use certificate. In addition, the term of property rights is calculated from the date when the development enterprise obtains the state-owned land use certificate, not from the date of purchase.
2. Article 149 of the Property Law stipulates that the right to use residential construction land will be automatically renewed upon expiration. After the expiration of the right to use non-residential construction land, the renewal procedures shall be handled according to law. The ownership of houses and other immovable property on the land, if there is an agreement, shall be in accordance with the agreement; If there is no agreement or the agreement is unclear, it shall be handled in accordance with the provisions of laws and administrative regulations.
Third, the right to use residential construction land will be automatically renewed when it expires, so that the community owners can rest assured. Automatic renewal solves the conflict between land use right and house ownership in terms of time limit, eliminates the worries of second-hand house buyers about the length of land use right, and will promote the circulation of second-hand houses and improve the utilization efficiency of houses and land. Although the Property Law does not mention the fees and related issues after renewal, nor does it specify how to deal with commercial and comprehensive construction land and whether it can be automatically renewed, with the improvement of subsequent laws and regulations, supporting laws and regulations will supplement the relevant parts of the Property Law.
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